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Prague, Czech Republic

Charles University in Prague

Economics

Language: English Studies in English

Subject area: economy and administration

University website: www.cuni.cz

Years of study: 4

Economics

Economics () is the social science that studies the production, distribution, and consumption of goods and services.

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Economics

Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.

Thomas Paine, Agrarian Justice (1795–1796).

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Economics

Give not Saint Peter so much, to leave Saint Paul nothing.

George Herbert, Jacula Prudentum (1651). Reported in Hoyt's New Cyclopedia Of Practical Quotations (1922), p. 216.

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Economics

How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave.

Jeremy Bentham, "A Critical Examination of the Declaration of Rights; Article II" in The Works of Jeremy Bentham, Vol. II (1839), p. 503.

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